About Kag India Private Limited
Data last updated:
Kag India Private Limited is a private limited company based in Chennai, Tamil Nadu, India. It operates in the construction materials distribution segment of the metals and mining sector. It was incorporated on 18 November 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U51100TN2008PTC069879. Its GSTIN is 33AADCK5381Q1Z1 (Tamil Nadu). The company holds 6 GST registrations, of which 3 are active.
The company has an authorised share capital of ₹37 Cr and a paid-up capital of ₹34.18 Cr. It is led by directors including Muralidharan Gopalakrishnan Iyengar (Managing Director) and Gopalakrishnan.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at No.264/15 – 1 Sathiyanathan Complex Velachery Road East Tambaram, Chennai, Tamil Nadu, India – 600059.
As per the financials filed for FY 2024, the company reported a revenue of ₹265.01 Cr, a decline of 7% compared to the previous year. For the same year it recorded a net profit of ₹16.12 Cr (net margin 6.1%) and EBITDA of ₹26.4 Cr (EBITDA margin 10%). Revenue has grown at a compounded annual rate (CAGR) of 14% over three years and 8% over five years.
The company has about 101 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Kag Tiles. As per MCA filings, the company has satisfied charges of ₹4 Cr on record. Court records list 72 cases involving the company, including 61 filed by the company and 11 filed against it; 14 cases are pending. The company has 13 deals on record (8 funding rounds, 5 secondary share transfers), with disclosed funding of ₹67.6 Cr; the latest was in March 2023. Its 7 peer companies in the Metals and Minerals industry (Construction Materials Retail and Distribution), with the same principal business activity (wholesale trading) are compared by revenue, 3 larger and 4 smaller; the largest is Shankh Trading Private Limited with revenue of ₹274.18 Cr. The company has 4 MSME Form 1 returns on record between 2021 and 2023, listing 96 overdue payments to 65 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website kagindia.com.
Company details
CIN history
Kag India has one previous CIN (Corporate Identification Number): U45200TN2008PTC069879. The current CIN is U51100TN2008PTC069879, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U51100TN2008PTC069879 | Current |
| U45200TN2008PTC069879 | Previous |
Contact details
Kag India Private Limited's registered office is in Chennai, Tamil Nadu. Its website is kagindia.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressNo.264/15 – 1 Sathiyanathan Complex Velachery Road East Tambaram, Chennai, Tamil Nadu, India – 600059
- IndustryMetals and Minerals, Construction Materials Retail & Distribution
To see the full contact details of Kag India Private Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Brands
Kag India operates one associated brand: Kag Tiles. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Produces and distributes ceramic tiles, sanitaryware, and related building products. | kagindia.com |
Business activity
The main business activity of Kag India is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Kag India Private Limited, buy the company report.
Financials of Kag India Private Limited
FY 2024 filings availableKag India Private Limited reported revenue of ₹265.01 Cr (down 7% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue fell 7% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 8%. EBITDA rose 3% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹26.4 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹16.12 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
| Total Liabilities | |||||
| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
| Cash and Bank Balance | |||||
| Total Assets | |||||
Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 10% | ||||
| Net Profit Margin | 6.1% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
| Interest Coverage Ratio | |||||
| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Kag India Private Limited, buy the company report.
Board of directors of Kag India Private Limited
Kag India has 6 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Muralidharan Gopalakrishnan Iyengar | Managing Director | 18 Nov 2008 | 17 Years 11 Months | Current |
| Gopalakrishnan Also directs: Tecton India Private Limited, Kag Technologies Private Limited | Director | 18 Nov 2008 | 17 Years 11 Months | Current |
| Gopalkrishnan Chandrasekaran Also directs: Kag Technologies Private Limited | Director | 18 Nov 2008 | 17 Years 11 Months | Current |
| Muralidharan Abinaya Also directs: Devanayagam Finance Private Limited | Director | 07 Feb 2025 | 1 Years 8 Months | Current |
| Vaishnavi Also directs: Devanayagam Finance Private Limited | Director | 07 Feb 2025 | 1 Years 8 Months | Current |
| Ravichandran Gopalkrishnan Iyengar | Director | 18 Nov 2008 | 17 Years 11 Months | Current |
Peer comparison
Kag India Private Limited is compared with the 7 companies closest to it by revenue in the Metals and Minerals industry (Construction Materials Retail and Distribution), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Shankh Trading Private Limited | ₹274.18 Cr (FY 2024) | 656.0% | Lucknow, Uttar Pradesh, India | |||
| Visaman Global Sales Limited | ₹266.72 Cr (FY 2025) | -13.0% | Rajkot, Gujarat, India | |||
| Gulzari Lal Kanthi Ram Private Limited | ₹266.38 Cr (FY 2025) | 28.0% | Bareilly, Uttar Pradesh, India | |||
| Kag India Private Limitedthis company | ₹265.01 Cr (FY 2024) | ₹16.12 Cr | 6.1% | -7.0% | 101 | Chennai, Tamil Nadu, India |
| Fischer Building Materials India Private Limited | ₹263.21 Cr (FY 2025) | 20.0% | Bangalore, Karnataka, India | |||
| Goldcorp Global Mining Private Limited | ₹260.08 Cr (FY 2025) | 103.0% | Khetri, Rajasthan, India | |||
| Mangla Pipes Private Limited | ₹259.79 Cr (FY 2025) | 0.0% | New Delhi, Delhi, India | |||
| Varsiddhi Enterprises Private Limited | ₹255.9 Cr (FY 2025) | 14.0% | Chennai, Tamil Nadu, India |
To see the full peer comparison of Kag India Private Limited, buy the company report.
Auditor
Kag India Private Limited is audited by Ramesh and RAMACHANDRAN for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Ramesh and RAMACHANDRAN | FY 2023 | 002981S |
Shareholding
The shareholding of Kag India Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Kag India Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 16 Dec 2010 | 10260018 | Indian Bank | ₹4 Cr | Satisfied |
To see the full charge records of Kag India Private Limited, buy the company report.
Total charge records: 1 View all charges
Deals & funding
Kag India Private Limited has 13 deals on record (8 funding rounds, 5 secondary share transfers), with disclosed funding of ₹67.6 Cr; the latest was in March 2023.
Deals on record (5 of 13)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2023 | Secondary share transfer | Undisclosed | Buyer: Devanayagam Finance Private Limited Seller: Bholenath Merchants Private Limited |
| Sep 2020 | Funding round | ₹5.58 Cr | Investors: Bholenath Merchants Private Limited |
| May 2016 | Funding round | ₹9.9 Cr | Investors: Bholenath Merchants Private Limited |
| Mar 2015 | Funding round | ₹1.24 Cr | Investors: Devanayagam Finance Private Limited |
| Jul 2014 | Secondary share transfer | Undisclosed | Buyer: Devanayagam Finance Private Limited , an individual Seller: Economic Infraprojects Advisory Private Limited , M G L Holdings Private Limited , Suman Towers Private Limited , an individual |
To see the full deal history of Kag India Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Kag India Private Limited has 72 court cases on record: 61 filed by Kag India, 11 filed against it. 14 cases are pending and 58 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 43 | 7 | 5 |
| District courts | 29 | 4 | 9 |
Cases on record (5 of 72)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Puducherry | Civil suit | Filed against the company by an individual | Pending |
| Madras High Court | Court case (WMP(MD)) | Filed against the company by an individual | Pending |
| District court, Kollam, Kerala | Appeal | Filed by the company against an individual | Pending |
| Madras High Court | Court case (TCA) | Filed against the company by Commissioner of Income Tax | Pending |
| High Court, TAMIL NADU | Court case (CRL A) | Filed by the company against M/S.Legend | Pending |
To see the full case history of Kag India Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
Kag India Private Limited has 4 MSME Form 1 returns on record between 2021 and 2023, listing 96 overdue payments to 65 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 65)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Vizoli Tiles LLP | |||
| Amrut Ceramic | |||
| Claystone Granito Private Limited | |||
| Gemstone Ceramic LLP | |||
| Icera Tiles LLP |
To see the full MSME payment records of Kag India Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Kag India Private Limited has a workforce of 101 employees on its EPFO records as of Mar 30, 2024, across 1 active EPFO establishment.
GST
Kag India has 6 GST registrations: 3 active and 3 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AADCK5381Q1Z1 | Tamil Nadu | Active | 01 Jul 2017 |
| 24AADCK5381Q1Z0 | Gujarat | Active | 01 Jul 2017 |
| 34AADCK5381Q1ZZ | Puducherry | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Kag India Private Limited, buy the company report.
Recent activity
Kag India Private Limited has 7 board changes on record since 2008: 6 appointments and 1 cessation. The latest: Muralidharan Abinaya was appointed as Director on 07 Feb 2025.
Frequently asked questions
Kag India is an active private limited company based in Chennai, Tamil Nadu, India. The company works in construction materials retail and distribution, within the metals and minerals industry. It was incorporated on 18 November 2008 (18+ years old) and is registered under CIN U51100TN2008PTC069879.
Kag India has 6 current directors:
- Muralidharan Gopalakrishnan Iyengar - Managing Director
- Gopalakrishnan - Director
- Gopalkrishnan Chandrasekaran - Director
- Muralidharan Abinaya - Director
- Vaishnavi - Director
- Ravichandran Gopalkrishnan Iyengar - Director
The latest financial statements of Kag India on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Kag India is 33AADCK5381Q1Z1, registered in Tamil Nadu. The company has 6 GST registrations in all, of which 3 are active and 3 are cancelled or inactive. Other active GSTINs include 24AADCK5381Q1Z0 (Gujarat), 34AADCK5381Q1ZZ (Puducherry).
The CIN (Corporate Identification Number) of Kag India is U51100TN2008PTC069879. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Kag India has 72 court cases on record: 61 filed by the company and 11 filed against it. 14 are pending. Most are in the high courts.
Kag India was incorporated on 18 November 2008, making it 18+ years old. It is registered with the Registrar of Companies, Chennai.
Kag India has 13 deals on record (8 funding rounds, 5 secondary share transfers), with disclosed funding of ₹67.6 Cr; the latest was in March 2023.
The peers of Kag India by revenue are Shankh Trading Private Limited, Visaman Global Sales Limited, Gulzari Lal Kanthi Ram Private Limited, Fischer Building Materials India Private Limited, Goldcorp Global Mining Private Limited and 2 more, all in the Metals and Minerals industry (Construction Materials Retail and Distribution), with the same principal business activity (wholesale trading).
Muralidharan Abinaya was appointed as Director on 07 Feb 2025. Vaishnavi was appointed as Director on 07 Feb 2025. Muralidharan Gopalakrishnan Iyengar ceased to be Director on 02 Jul 2019. Kag India has 7 board changes on record in total.
Kag India has 4 MSME Form 1 returns on record between 2021 and 2023, listing 96 overdue payments to 65 micro and small suppliers. The latest return was filed on 26 Feb 2024.
Kag India can be reached through the website kagindia.com. Its registered office is in Chennai, Tamil Nadu, India.